Sri Lanka's Textile & Garment Exports: Growth and Outlook
29 Dec '24
75 min read
Sri Lanka's Textile & Garment Exports: Growth and Outlook
Insights
Sri Lanka's textile and garment industry, a cornerstone of its economy, is rebounding amid a challenging economic backdrop.
With rising exports, sustainable practices, and strong demand from the US and EU, the sector is paving the way for recovery.
Leveraging GSP+ benefits and green manufacturing, Sri Lanka positions itself for long-term growth despite debt woes and global headwinds.
Sri Lanka's textile and garment industry, a cornerstone of its economy, is rebounding amid a challenging economic backdrop.
With rising exports, sustainable practices, and strong demand from the US and EU, the sector is paving the way for recovery.
Leveraging GSP+ benefits and green manufacturing, Sri Lanka positions itself for long-term growth despite debt woes and global headwinds.
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